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Growing transportation costs have skyrocketing fuel surcharges to blame
Fuel, Nuts & Bolts, Inflation, Money Matters Jennifer Joslyn 7/23/22 Fuel, Nuts & Bolts, Inflation, Money Matters Jennifer Joslyn 7/23/22

Growing transportation costs have skyrocketing fuel surcharges to blame

The freight market’s price growth comes from the 9.1% inflation rate, increasing fuel surcharges, and seasonal issues.

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FedEx contractors band together for pay increase before peak season
Human Resources, Money Matters Jennifer Joslyn 7/23/22 Human Resources, Money Matters Jennifer Joslyn 7/23/22

FedEx contractors band together for pay increase before peak season

FedEx Ground contractors are banding together to demand higher per-stop pay before the peak season comes around.

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Vendors now have more opportunities for supply chain financing
Factoring, Leases & Loans, Money Matters Jennifer Joslyn 7/22/22 Factoring, Leases & Loans, Money Matters Jennifer Joslyn 7/22/22

Vendors now have more opportunities for supply chain financing

The corporate supply chain finance market grew globally to a whopping $1.8 trillion in 2021 - a 38% increase from 2020.

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Chief Procurement Officers (CPOs) should start thinking like CEOs
Sales, Money Matters Jennifer Joslyn 7/21/22 Sales, Money Matters Jennifer Joslyn 7/21/22

Chief Procurement Officers (CPOs) should start thinking like CEOs

Chief procurement officers (CPOs) are responsible for a company’s resilience - as much as CEOs are responsible for it’s leadership.

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Younger generation of drivers attracted by tech-savvy carriers
Human Resources, Money Matters, Driver Issues, Behind the Wheel Jennifer Joslyn 7/21/22 Human Resources, Money Matters, Driver Issues, Behind the Wheel Jennifer Joslyn 7/21/22

Younger generation of drivers attracted by tech-savvy carriers

Keeping younger generations of drivers satisfied and effective in their positions will require digitizing their job’s tasks in an increasingly digitized world.

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Ships traveling through “Ukraine Grain Corridor” struggle to get insured
Trade & Border Issues, Hot Spots, Health & Safety, Behind the Wheel, Insurance, Money Matters Jennifer Joslyn 7/21/22 Trade & Border Issues, Hot Spots, Health & Safety, Behind the Wheel, Insurance, Money Matters Jennifer Joslyn 7/21/22

Ships traveling through “Ukraine Grain Corridor” struggle to get insured

Russia, Ukraine, Turkey, and the United Nations are gathering this week to sign a deal meant to guarantee the safe passage of grain from Ukraine across the Black Sea.

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Inflation doesn’t seem as “temporary” as the White House claimed it was in July 2021
Inflation, Money Matters, American Politics, Hot Spots Jennifer Joslyn 7/21/22 Inflation, Money Matters, American Politics, Hot Spots Jennifer Joslyn 7/21/22

Inflation doesn’t seem as “temporary” as the White House claimed it was in July 2021

President Joe Biden claimed that inflation would be a “temporary” roadblock one year ago, but it seems to be far from temporary.

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Private jet usage at its highest amidst a wealth boom and post-Covid travel demand
Covid-19, Hot Spots, Sales, Money Matters Jennifer Joslyn 7/20/22 Covid-19, Hot Spots, Sales, Money Matters Jennifer Joslyn 7/20/22

Private jet usage at its highest amidst a wealth boom and post-Covid travel demand

Major private jet manufacturers are swimming in cash - or maybe flying.

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Supreme Court allows broker CH Robinson to take the fall for carrier-caused damages
Brokerage, Nuts & Bolts, Claims, Money Matters Jennifer Joslyn 7/20/22 Brokerage, Nuts & Bolts, Claims, Money Matters Jennifer Joslyn 7/20/22

Supreme Court allows broker CH Robinson to take the fall for carrier-caused damages

The US Supreme Court has made controversial stances on Roe v. Wade and regarding California’s AB5 law, but a lesser known judgement sets a precedent for logistics liability.

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Astronomical airfare is painful for travelers, but signals a healthier industry for airlines
Inflation, Money Matters Jennifer Joslyn 7/19/22 Inflation, Money Matters Jennifer Joslyn 7/19/22

Astronomical airfare is painful for travelers, but signals a healthier industry for airlines

Now that the Euro is equivalent to the U.S. dollar, many people want to book their European vacation - but the airfares are astronomical due to the rising fuel prices.

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North Carolina is the best place for businesses
Inflation, Money Matters Jennifer Joslyn 7/18/22 Inflation, Money Matters Jennifer Joslyn 7/18/22

North Carolina is the best place for businesses

North Carolina is the United States’ number one state for business and boasts the strongest economy.

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June inflation furthers recession concerns
Inflation, Money Matters, Fuel, Nuts & Bolts Jennifer Joslyn 7/18/22 Inflation, Money Matters, Fuel, Nuts & Bolts Jennifer Joslyn 7/18/22

June inflation furthers recession concerns

Gas, food, and rent prices soared again in June, creating more urgency to resolve inflation issues and avoid a recession.

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US travelers are ready to vacation, regardless of inflation and congestion
Covid-19, Hot Spots, Inflation, Money Matters Jennifer Joslyn 7/18/22 Covid-19, Hot Spots, Inflation, Money Matters Jennifer Joslyn 7/18/22

US travelers are ready to vacation, regardless of inflation and congestion

The desire to travel is stronger than ever, and the pent-up population is heading out for ‘revenge travel’ trips.

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Pay isn’t everything, according to drivers ages 21-30
Driver Issues, Behind the Wheel, Human Resources, Money Matters Jennifer Joslyn 7/17/22 Driver Issues, Behind the Wheel, Human Resources, Money Matters Jennifer Joslyn 7/17/22

Pay isn’t everything, according to drivers ages 21-30

Drivers aged 21 to 30 who were surveyed reported stability, work-life balance, and carrier benefits as some of the more important factors to consider when choosing an employer.

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Fuel prices projected to stay volatile for awhile
Fuel, Nuts & Bolts, Inflation, Money Matters Jennifer Joslyn 7/17/22 Fuel, Nuts & Bolts, Inflation, Money Matters Jennifer Joslyn 7/17/22

Fuel prices projected to stay volatile for awhile

Fuel prices are expected to remain high for quite some time.

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Significant increases in rates & supply chain difficulties are in store, according to Book Your Cargo
Money Matters, Sales Jennifer Joslyn 7/15/22 Money Matters, Sales Jennifer Joslyn 7/15/22

Significant increases in rates & supply chain difficulties are in store, according to Book Your Cargo

Book Your Cargo, a premium drayage service provider, is predicting that there will continue to be a significant increase in rates and supply chain difficulties throughout the month of July.

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UPS Healthcare revitalizes UPS Premier packages
Insurance, Money Matters Jennifer Joslyn 7/15/22 Insurance, Money Matters Jennifer Joslyn 7/15/22

UPS Healthcare revitalizes UPS Premier packages

UPS Healthcare has reworked its UPS Premier packages with the goal of meeting customers’ needs.

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Walmart blocks Amazon from purchasing any EV’s from startup Canoo
Electric Vehicles, High Tech / High Touch, Sales, Money Matters Jennifer Joslyn 7/14/22 Electric Vehicles, High Tech / High Touch, Sales, Money Matters Jennifer Joslyn 7/14/22

Walmart blocks Amazon from purchasing any EV’s from startup Canoo

Walmart has struck a deal with the electric-vehicle startup Canoo, but under some head-turning conditions.

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Diesel prices drop for the 4th week in a row
Inflation, Money Matters, Fuel, Nuts & Bolts Jennifer Joslyn 7/13/22 Inflation, Money Matters, Fuel, Nuts & Bolts Jennifer Joslyn 7/13/22

Diesel prices drop for the 4th week in a row

Diesel prices continue to decline for the fourth week in a row, albeit very slowly.

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Rest easy: the famous Costco hot dogs will not face a price hike
Inflation, Money Matters Jennifer Joslyn 7/12/22 Inflation, Money Matters Jennifer Joslyn 7/12/22

Rest easy: the famous Costco hot dogs will not face a price hike

According to Costco club’s CEO, Craig Jelinek, the chain’s famous hot dogs will not receive a price hike.

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